Competitive advantage Quote by James P. Womack

In a world where routine production is footloose...competitive advantage lies not in one-time breakthroughs but in continual improvements. Stable technologies get away.

— Robert Reich

The economy of human time is the next advantage of machinery in manufactures.

— Charles Babbage

“It also seems like common sense that good production management involves keeping every employee busy and every machine fully utilized, to justify the capital…

— James P. Womack

For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…

— Janet Yellen

When you automate an industry you modernize it; when you automate a life you primitivize it.

— Eric Hoffer

“Some people, today we would call them entrepreneurs, responded to these economic opportunities by seeking and eventually finding ways of producing these goods in…

— Edward A. Hudson

U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will…

— R. Buckminster Fuller

Technology plows through history at an accelerating rate, shifting the burden of production off labor into the nonhuman factor because man uses his highest…

— Louis O. Kelso

Many of the technologies that are now racing ahead most rapidly, replacing human workers in factories and offices with machines, making stockholders richer and…

— Freeman Dyson

“To Survive the fierce competition and thrive with the long-term business advantage involve more real-time planning, adjustment, and speed.”

— Pearl Zhu

Many Western nations have made significant gains through automation and operational excellence, while emerging markets rely on ever-increasing numbers of workers. Each will improve…

— Dinesh Paliwal

“It’s also true that many companies get comfortable doing what they have always done, with a few incremental changes. This kind of incrementalism leads…

— Eric Schmidt